£10 million of funding from the governments £530m commitment to broadband will be spend in Wales to bring super-fast broadband infrastructure it has been announced by the Chancellor George Osborne. This is the first round of funding that Wales will receive through the investment into improving broadband services in the UK. The focus of this money will be to North Wales, specifically Pwllheli, and the surrounding areas.
"Today's announcement shows this Government's commitment that Wales is at the heart of our plans to ensure that UK has the best superfast network in Europe by 2015. For this to work we need to test innovative approaches that bring broadband to hard-to-reach areas and today's announcement of funding to extend superfast broadband to Pwllheli and the surrounding areas of North Wales will do just that. We are committed to working closely with the Welsh Assembly Government to delivering this project in north west Wales."Cheryl Gillan, Welsh Secretary
The government wanted to have the best broadband in Europe by 2015, but with the limited investment from the government, it seems hard how this can be achieved when other countries are leading the race to install fibre-to-the-home (FTTH). No details of how this money is intended to be spent have been released.